- Summa Silver (SSVR) provided an update on its exploration activities across the high-grade Hughes Project
- Assays are pending from multiple holes and the company has drilled eight holes at the Hughes Project, concentrating on resource style spacing at the Murray and Belmont target areas
- Mineralization was encountered at all holes, which have intersected zones of quartz veins, stockworks, and breccias featuring visible silver sulfide mineralization
- Geological mapping and soil sampling across recently acquired claims is underway and has already identified multiple new high-potential targets
- Summa Silver Corp. (SSVR) is up 3.03 per cent, trading at C$0.51 as of 1:10 pm ET
Summa Silver (SSVR) provided an update on its exploration activities across the high-grade Hughes Project.
Assays are pending from multiple holes and the company has drilled eight holes at the Hughes Project, concentrating on resource style spacing at the Murray and Belmont target areas.
Mineralization was encountered at all holes, which have intersected zones of quartz veins, stockworks, and breccias featuring visible silver sulfide mineralization.
The company’s CEO, Galen McNamara stated that all holes drilled at Hughes so far have hit their target and the technical team is rapidly advancing the exploration model for the entire project package.
“We control a dominant land package in this premier historic American high-grade silver district which remarkably remains substantially underexplored. On the Hughes Project, high grade mineralization has been intersected in four target areas over 3.5 km. These zones remain open to expansion, and we are only just beginning to wrap our arms around what’s remaining here.”
Geological mapping and soil sampling across recently acquired claims is underway and has already identified multiple new high-potential targets. The focus is on target generation within sight of the historic Tonopah mining district.
Summa is a Canadian junior mineral exploration company. The company owns a 100 per cent interest in the Hughes property located in central Nevada and has an option to earn 100 per cent interest in the Mogollon property located in southwestern New Mexico.
Summa Silver Corp. (SSVR) is up 3.03 per cent, trading at C$0.51 as of 1:10 pm ET.
